Wed, Feb 21, 2024 4:01 PM
Orient Technologies files draft papers with Sebi to mop-up funds via IPO
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Mumbai: Generative artificial intelligence (GenAI) could boost global GDP by $7 trillion-$10 trillion over the next three years and add $359 billion-$438 billion to India's GDP by 2029-30, RBI deputy governor Michael Patra said on Wednesday. Patra further said that large language models are estimated to increase the productivity levels of workers by 8-36%.
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📌Vodafone Idea has narrowed its losses to Rs 7176 crore in the September quarter. 📌Varun Beverages has launched a qualified institutional placement on Wednesday. 📌Apollo Tyres posted a net profit of Rs 297 crore in the September quarter. 📌Sun TV posted a net profit of Rs 409 crore in the quarter ended September 2024.
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📌GIFT Nifty (Earlier SGX Nifty) signals a muted start. 📌India VIX rose 5.8% to settle at 15.44 levels. 📌The U.S. dollar revisited a one-year high against major peers on Thursday. 📌Foreign portfolio investors turned net sellers at Rs 2,502 crore on Wednesday. 📌The rupee moved in a narrow range and settled flat at 84.39 against the US dollar on Wednesday.
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